Title: Assessment of the “full” utilisation of hake rest raw material in Namibia.

The Namibian 5th National Development Plan goal for the fisheries sector is to increase value addition and maximise economic returns from marine resources. With limited fish stocks, it is important to maximise utilisation of the catch, by considering processing rest raw material. Possibilities for utilisation of rest raw material are arising in various countries (Kim, 2014). This study is therefore aimed at identifying the potential possibilities of the underutilised and wasted raw material and describing management tools that support economic gains from RRM. An analysis was done to identify the influencing factors of the Icelandic cod fishery’s full utilisation and it was compared to that of the Namibian hake. Data was gathered on the current level of utilisation of the hake industry in Namibia and Icelandic cod for the purpose of comparative analysis. The research revealed that the Namibian hake fishing industry utilises about 70% of the whole hake, and that the hake fishery lacks some influencing factors which seem to support the full utilisation mechanism, such as fisheries management system, technology, clusters, research and development. The study, therefore, suggests that there is a need to get a “fuller” picture of current utilisation in the Namibian hake fishery. In addition, a need for enquiry from the fishing industry on whether they are aware of the value of byproduct, and if so, whether they are putting rest raw materials into the most valuable by-products.